2 weeks Ago By Defense World Staff
Geode Capital Management LLC reduced its stake in shares of Ducommun Incorporated ( NYSE:DCO – Free Report ) by 0.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 310,195 shares of the aerospace company’s stock after selling 509 shares during the quarter.
Geode Capital Management LLC owned about 2.10% of Ducommun worth $19,752,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Several other hedge funds have also recently modified their holdings of the stock.
First Eagle Investment Management LLC lifted its stake in Ducommun by 4.4% in the 4th quarter. First Eagle Investment Management LLC now owns 253,087 shares of the aerospace company’s stock worth $16,112,000 after purchasing an additional 10,700 shares in the last quarter.
Royce & Associates LP boosted its stake in Ducommun by 4.8% during the fourth quarter. Royce & Associates LP now owns 234,991 shares of the aerospace company’s stock valued at $14,960,000 after buying an additional 10,700 shares during the last quarter.
Wellington Management Group LLP grew its holdings in Ducommun by 41.9% during the 4th quarter. Wellington Management Group LLP now owns 193,741 shares of the aerospace company’s stock valued at $12,334,000 after buying an additional 57,172 shares in the last quarter.
Diamond Hill Capital Management Inc. raised its holdings in shares of Ducommun by 24.2% during the 4th quarter.
Diamond Hill Capital Management Inc. now owns 161,985 shares of the aerospace company’s stock worth $10,312,000 after acquiring an additional 31,601 shares in the last quarter. Finally, Gibson Capital LLC bought a new position in shares of Ducommun during the 4th quarter valued at approximately $6,763,000.
Hedge funds and other institutional investors own 92.15% of the company’s stock. Analyst Upgrades and Downgrades A number of research firms recently issued reports on DCO.
StockNews.com downgraded shares of Ducommun from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, April 15th. Truist Financial lowered their price target on shares of Ducommun from $82.
00 to $70.00 and set a “buy” rating for the company in a report on Thursday. Finally, Royal Bank of Canada assumed coverage on Ducommun in a research report on Tuesday, December 31st.
They set an “outperform” rating and a $72.00 price objective on the stock. Ducommun Price Performance DCO stock opened at $56.
51 on Friday. The company has a current ratio of 3.21, a quick ratio of 2.
16 and a debt-to-equity ratio of 0.37. Ducommun Incorporated has a 12 month low of $51.
76 and a 12 month high of $70.50. The stock has a market cap of $839.
83 million, a PE ratio of 28.39 and a beta of 1.27.
The company has a 50-day moving average price of $58.67 and a 200 day moving average price of $62.84.
Ducommun Company Profile ( Free Report ) Ducommun Incorporated provides engineering and manufacturing services for products and applications used primarily in the aerospace and defense, industrial, medical, and other industries in the United States. The company operates through two segments, Electronic Systems and Structural Systems. The Electronic Systems segment provides cable assemblies and interconnect systems; printed circuit board assemblies; electronic, electromechanical, and mechanical components and assemblies, as well as lightning diversion systems; and radar enclosures, aircraft avionics racks, shipboard communications and control enclosures, printed circuit board assemblies, cable assemblies, wire harnesses, interconnect systems, lightning diversion strips, surge suppressors, conformal shields, and other assemblies.
Featured Stories Five stocks we like better than Ducommun Using the MarketBeat Dividend Tax Calculator J.B. Hunt Transport Overcorrects Into a Buying Opportunity What is a penny stock? A comprehensive guide AppLovin: Can Record Profits Overcome Market Skepticism? The Basics of Support and Resistance MarketBeat Week in Review – 04/14 – 04/18 Want to see what other hedge funds are holding DCO? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Ducommun Incorporated ( NYSE:DCO – Free Report ). Receive News & Ratings for Ducommun Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ducommun and related companies with MarketBeat.com's FREE daily email newsletter .
.
